How Hussain Sajwani Built A Dynamic Company

Hussain Sajwani, a native of the United Arab Emirate, is a graduate of the University of Washington where he graduated with degrees in industrial engineering and economics. After moving back to the UAE he briefly worked for GASCO as a Contracts Manager.

Deciding that he’d rather work for himself, Hussain Sajwani founded a catering company he named DAMAC. As DAMAC owner, he quickly found success at this endeavor and grew the company into one that today has operations across the Middle East, Africa, and the countries that used to make up the Soviet BLOC. Learn more about Hussain Sajwani: https://www.crunchbase.com/person/hussain-sajwani#/entity

Following a legal change in his country which resulted in foreigners being able to own residences, Hussain Sajwani saw an opportunity to start developing luxury apartments and villas which he would market to the international community. He founded DAMAC Properties and also formed a parent company, DAMAC Group.

He has now developed 18,000 residences and is various stages of development for another 44,000 units. He teams up with different luxury brands in order to design these properties such as Bugatti, who developed the interior of a number of units, as well as the luxury Italian brands Fendi and Versace.

Another luxury brand that Hussain Sajwani has partnered with is The Trump Organization, formerly headed by Donald Trump. Situated not far out of the capital city of Dubai, his luxury development called Akoya was recently completed.

The centerpiece of the development is an 18 hole golf course named after Donald Trump. The development, built on over 950 acres, is worth billions of dollars and, in addition to villas and apartments, also includes retail space that is occupied by luxury brands.

Hussain Sajwani family consists of him, his wife, and his four children. He has shared some of this wealth of $3.4 billion with various charities. One such charity was initiated by the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum.

The goal of the charity was to provide clothing to impoverished children around the world. Hussain Sajwani’s generous gift of AED two million was enough to provide clothes to over 50,000 children.

 

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